Binance is more profitable than the Deutsche Bank

In these days, many of the listed companies are returning their financial figures for the first quarter of 2018. A comparison is particularly impressive, namely the comparison between Binance and Deutsche Bank.

Binance is currently the world’s largest crypto exchange, with a daily trading volume of over 2 billion US dollars and that although the company has been offering cryptocurrencies trading for just 8 months. Those who compare the financial figures with those of Deutsche Bank see how profitable the crypto trading can be at present.

It is already impressive how successful Binance is in the first year of existence. The company has, of course, benefited primarily from the crypto boom in 2017. At times, Binance even had to suspend registration for new members to handle the onslaught. Even if it is not made public, Binance deserves not only the trading fees, but will also demand Listungsgebühren of the individual coins. According to insiders, these are several million US dollars.

Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. The information does not constitute investment advice or an offer to invest.

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